Monthly Archives: <span>January 2013</span>

Burns and Wilcox Is First National Wholesaler to Join Trusted Choice

Michigan-based property/casualty insurance wholesaler, Burns and Wilcox, is the newest member of the Trusted Choice consumer branding program for independent insurance agents and brokers, the Independent Insurance Agents and Brokers of America announced. Burns & Wilcox, headquartered in Farmington Hills, …

Catlin Introduces ‘UK Asymmetric’ Terrorism Insurance and Crisis Response Product

London-based underwriting subsidiaries of the Bermuda-based Catlin Group Limited have introduced a new terrorism insurance product that includes unique crisis response services as well as coverage for chemical, biological, radiological and nuclear (CBRN) losses. The announcement explained that the “UK …

Beazley Launches Environmental Cleanup Costs Insurance

Beazley plc has expanded its environmental products offering with the launch of an environmental cleanup costs insurance policy that provides coverage for cost overruns for remediation of known conditions at covered locations. The product, written on a non-admitted basis through …

Michigan Regulators Warn of Bogus No-Fault Auto Insurance Certificates

The Office of Financial and Insurance Regulation (OFIR) are warning Michigan drivers that they may have unknowingly purchased fraudulent automobile insurance certificates from an unlicensed individual reportedly issued through Tennessee Christian Motorist Aid. An OFIR investigation found that Mervin Graber, …

Aon Benfield Launches WExcess for Weather Reinsurance in UK

Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, has launched its new weather reinsurance product that offers insurers protection against adverse weather losses in the UK. The new coverage, named WExcess, provides index-based coverage. It was …

Athos Insurance Launches Entertainment Insurance Website

Athos Insurance Services, Inc. has launched InsurEntertainment.com, an online platform for quoting, binding and managing inland marine and property insurance policies for entertainment, production, event and extreme sports parks, clubs and organizations. Athos Insurance and InsurEntertainment.com will provide insurance products …

N.J.-Based Risk Partners Appoints VP of Business Development

Risk Partners Inc., a provider of specialty workers’ compensation and auto liability placements and niche program business offerings, named Tripp Craig as its vice president of business development.Craig has over 25 years of experience in alternative risk and specialty programs …

Swett Gala to Pay Tribute to Wounded Soldiers, Raise $1M

During an event this weekend at the Cosmopolitan in Las Vegas hosted by the “Swett Warriors” organization several large firms in the insurance industry plan to raise funds and awareness for injured veterans. On Jan. 27, 2013 in conjunction with …

Maine Car Buyers Warned to Avoid Deals That Seem Too Good to Be True

Maine residents in the market for a new car are being warned to stay away from deals that appear too good to be true. Experts say some of the estimated 250,000 vehicles damaged during flooding caused by Superstorm Sandy are …

Former Florida Surplus Lines Association Leader Indicted

A former executive director and past president of the Florida Surplus Lines Association (FSLA) has been indicted for allegedly embezzling an estimated $130,000 in association funds. Roger Gobler has been charged with 11 counts of mail fraud and five counts …